1) THREAD *What We Know*

Finastra (Ripple Partner) - 48 of Top 50 Banks in the World. 9,000 customers/130 Countries. Ripple integrated their global payment services hub (GLOBAL PAYPLUS) w Ripple& #39;s DLT as FOUNDATION for further disruptive payments innovation
3) Finastra’s PayPlus is leading solution used by CLS for FX Settlement (Ripple/R3 Partner)
https://www.cls-group.com/partnerships/finastra/

https://www.cls-group.com/partnersh... href=" https://www.finastra.com/sites/default/files/documents/2018/03/fact-sheet-payplus-cls.pdf

CLS">https://www.finastra.com/sites/def... transacts over 50% of FX Settlement Volume (trillions)
https://www.cls-group.com/products/data/clsmarketdata/fx-spot-volume/">https://www.cls-group.com/products/...
4) DTCC (w/ help of Accenture, Digital Asset, & R3) specifically said, regarding DLT, they will be using CLS for Settlement. DTCC working on many other Intra-Network DLT Initiatives unrelated to settlement so don’t worry about those. Focus is on CLS right now.
7) How many Institutionally-Backed Fintechs (Ripple) or Consortiums (R3) do you know that Utilize DLT?

A Digital Asset transfers value over DLT. A very liquid asset offers > benefits than current payment rails. https://cointelegraph.com/news/what-is-the-difference-between-blockchain-and-dlt">https://cointelegraph.com/news/what...
8) Stable Coins & Permissioned Tokens do NOT solve the problem of trust or interoperability between various silos. Eventually walled gardens have to interact between themselves. Hence, a bridge is needed somewhere.
9) Although DTCC most likely will use their own in-house token/permissioned network, some of that value would still have to run over CLS for FX Settlement -> Finastra’s Ripple Integrated Platform, PayPlus, when settling FX Txns, right?)
10) Just asking questions & speculation. Will be interesting to see how this all ends up.

Let me know your thoughts down below, please
Credit to all researchers below & many more (NOT MY FINDINGS, JUST SHARING): https://coil.com/p/IamLegion/The-Archives-part-8-Finastra/jpPGT7A6V

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